Applied Technical Analysis Part 1: The SCVolatility Band Indicator by Sylvain Vervoort
Traders need a foundational way to approach the markets, to know what to look for and for how to make buy and sell deci-sions. Here, we begin a new article series that will step you through this process, starting with applying very basic technical analysis, using only a volatility channel on a candlestick chart. Coding is provided for the channel indicator.
Making buy and sell decisions using only a price chart? In my previous article series in this magazine (see “Further reading” at end), I demonstrated a set of techniques I apply to make manual and automatic buy and sell decisions or a combination of both. I call my approach the V-Trade system (where “V-Trade” stands for “Vervoort trading”) ...